China’s Anta Sports’ revenue jumps 16.2% in FY23

Anta Sports reported a 16.2 per cent revenue increase in FY23, reaching RMB 62.36 billion (approximately $8.6 billion).
Operating profit margin increased to 24.6 per cent.
The company’s Anta brand grew by 9.3 per cent, Fila by 16.6 per cent, and other brands by 57.7 per cent.
Amer Sports, a subsidiary, saw a 30.1 per cent revenue increase.

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